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Monday, November 17, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Bolsonaro’s presidency lives on despite Brazil’s inept Covid strategy, calls for impeachment

Even as he bleeds support, Brazil President Jair Bolsonaro’s 31% approval rating can save him from impeachment and slip him into an electoral runoff in 2022.

Bitcoin surges above $38,000 after Elon Musk’s Twitter bio update

Tesla founder's page on Twitter simply said #bitcoin with no further explanation, but speculation that he might be a Bitcoin investor was enough to set off a dramatic rally.

Hong Kong’s economy contracts by record 6.1% in 2020

Hong Kong hasn’t posted back-to-back annual contractions in data going back to at least 1962. The biggest contraction in GDP over that period was a 5.9% decline in 1998.

Twitter, Facebook had even more deceptive news in 2020, study says

Researchers found that efforts to boost accurate content during the weeks leading up to the 2020 election were helpful but didn’t stop the broader trend.

Israel agrees to let US deploy Iron Dome missile in Persian Gulf, says local report

Rafael Advanced Defense Systems Ltd., the Israeli company that made the missile, will open a production line in the US with a Massachusetts-based defense contractor, said a Haaretz report.

Australia says ‘inevitable’ that Google, others will have to pay media companies for news

Australia’s Treasurer Josh Frydenberg made the remark in response to the internet giant’s threat to disable its search engine in the country if it’s forced to pay local publishers for news.

Fastest Covid vaccination rollouts in Israel, UAE are propelling market gains

Traders are rushing to price the global vaccine rollout & betting that nations at the forefront will be the fastest to recover from the crisis, lifting their stocks, currencies and bond yields.

Sugar binge during lockdown, India to see consumption rebound by a million tons

India is among the top sugar consumer, which will see consumption rebound by as much as a million tons this season, according to experts

Give 2nd dose of vaccine upto 6 weeks, if not possible within 3-4 weeks, says US health body

The US Centers for Disease Control and Prevention (CDC) posted new guidelines, while the Food and Drug Administration (FDA) said slight delays shouldn’t affect the protection offered.

US Congress approves waiver for first black leader to become defence secretary

The House voted 326-78 to pass the waiver exempting Lloyd Austin, who left the military in 2016, from a law that bars officers from top civilian post for 7 years after retiring.

On Camera

We celebrate Harappa excavation—and dismiss Keeladi, Sinauli archaeological digs as politics

In the storm around Sinauli, many academics dismissed claims of chariots being found. And the public misinterpreted the chariots as a device planted by the govt to fortify Hindutva.

Women form about one-fifth of India’s digital workforce, leadership roles a rarity, says LEAD report

The report released at Charcha 2025, an annual gathering of India’s social development sector, found that women remain largely concentrated in low-value and routine roles.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.